(ii) Any Change in Tax Law; 

 (iii) The willful misconduct or gross negligence of Lessor; 

 (iv) Any misrepresentation by Lessor in this Lease; 

 (v) Any voluntary sale, assignment, transfer, or
other disposition by Lessor of any interest in the Aircraft or any part thereof or any interest in this Lease, unless such sale, assignment, transfer or other disposition occurs while an Event of Default by Lessee under this Lease is continuing;


 (vi) The failure by Lessee to provide information requested by Lessor and needed by Lessor to prepare its Federal, state or local income
tax returns; 

 (vii) The applicability to Lessor of Section 55, 56, 57, 58, 291, 465, 467 or 469 of the Code or any successor
provision or any treasury regulations thereunder; 

 (viii) The treatment of an Item of Equipment as either public utility property within
the meaning of Section 168(i)(10) of the Code as a result of the identity of Lessor or any activity of Lessor that is unrelated to the transactions contemplated by this Lease; 

 (ix) Any change in the Lessor’s taxable year; 

 (x) Any inaccuracy in the conclusions expressed in the appraisal report referred to in Section 23(1) hereof unless the inaccuracy is attributable to the inaccuracy of any information provided by Lessee or Lessor
or to the appraiser; or 

 (xi) A failure of the transaction to be a true lease for Federal income tax purposes unless such failure is
attributable to any act or failure to act on the part of Lessee or any Affiliate of Lessee, or the inaccuracy of any representation of Lessee in this Agreement or the breach of any warranty or covenant of Lessee in this Agreement.